Furniture Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Furniture Market was valued at USD 20.8 billion in 2021 and is expected to grow at a CAGR of 5% between 2022 and 2028. As the demand for natural looking designs increases due to the willful adoption of numerous stylish comfortable furniture in the residential segment, one has augmented the growth opportunities in the market. Improving consumer construction spending due to rising disposable income in emerging countries is driving industrial growth. Furniture is mainly made of such materials as plastic, wood, metal and others. Wooden materials have wide applications in luxury furniture production including residential & commercial segments. Wooden furniture offers compo and new generation mainly needs a naturally attractive look to match modern buildings to fuel market progress.

Top Major Key Players Industries:

Kokuyo Co., Ltd.
Okamura Corporation
Godrej & Boyce Manufacturing Company Limited
Inter Ikea Systems B.V.
HNI Corporation, (NYSE: HNI)
Kimball International Inc.
Herman Miller, Inc.

By Type

Tables
Chairs
Sofas & lounges
Kitchen
Lighting
Interior accessories
Beds
Others

By Distribution Channel

Online
Offline

Scope of the Report

The research study analyzes the global Furniture industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Furniture Market Report

What was the Furniture Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Furniture Market during the forecast period (2022-2028)?
Which segments (product type or applications or end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Furniture Market was the market leader in 2018?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.